Articles by Jeremy Warner
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Now Even the Eurozone Admits It Has Condemned Greece to Never-Ending Austerity
Jeremy Warner – The Daily Telegraph,
19 Mar 2012
According to Reuters, an unpublished “Compliance Report” by EU executives has concluded that Greece will have to impose a further fiscal squeeze in 2013/14 in order to meet the targets that underpin the second international bailout. The chances of Greece being able to do this are about zero, though that is my conclusion, not that of the report. Where is Greece expected to find these cuts? Further savings in welfare payments, pharmaceutical spending?
→ read full articleLessons of Argentina Crisis Ignored In Handling of Greece
Jeremy Warner – The Telegraph,
11 Jul 2011
For a vision of how the Greek debt meltdown is going to end, look no further than the International Monetary Fund’s post mortem into a similar crisis that came to a head almost exactly a decade ago – Lessons From The Crisis In Argentina.
→ read full article